Related NewsGerman Government Opposes Funding EU Budget By Issuing Euro Bonds (Nasdaq)Wed, 19 Nov 2008 14:32:33 GMT BERLIN -(Dow Jones)- Germany's government opposes proposals to fund European Union infrastructure projects through issuing bonds, government spokesman Ulrich Wilhelm said Wednesday. More... Credit crunch could impact student loans (WTVM 9 Columbus)Thu, 20 Nov 2008 04:51:17 GMT AUBURN, AL (WTVM) - The majority of college students rely on some amount of student loans to pay for their education. However some of those loans could be affected by the nation's current financial crisis. There are a lot options for funding a college education. More... GMAC moves to tap government funding (Market Watch)Thu, 20 Nov 2008 14:27:59 GMT GMAC LLC, the financial arm of General Motors Corp., says it has applied to become a bank-holding company so it can access some of the emergency cash available through the U.S. Treasury’s Capital Purchase Program. More... Banks Say They're Using Bailout Money For Loans (Channel 8 San Diego)Wed, 19 Nov 2008 23:08:13 GMT Some of the nation's largest banks sharing in the $700 billion government bailout of the financial industry tried to assure lawmakers Thursday they are using the money to make more loans and help financially strapped homeowners avoid foreclosure. More... Democrats propose $25 billion in loans for carmakers (Los Angeles Times)Tue, 18 Nov 2008 06:19:54 GMT The package would be in addition to a $100-billion stimulus proposal, but Republicans -- and time -- are not on their side. Leading Democrats in Congress unveiled plans Monday to help financially troubled U.S. automakers with $25 billion in emergency loans as lawmakers prepared for a showdown over expanding the government's role in shoring up the economy. More... Clegg plans 'government bank' (BBC News)Wed, 19 Nov 2008 10:26:09 GMT The Lib Dems say the government has been 'supine' with banks and should consider lending directly to business and homeowners. More... Thailand Outlook Channel (Thailand Outlook Channel)Thu, 20 Nov 2008 09:22:04 GMT The Government Housing Bank plans to relieve loan repayment conditions for its customers with financial troubles, to handle the increasing bad debt situation. Meanwhile, the number of housing loans has reduced since the public has delayed buying properties. More... DOE Bodman: May Have Loans F-
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